By Lawrence G. McMillanThe upward market reversal that began on Tuesday when $SPX bottomed near the 1840 area, continued with passion on Wednesday. The rally was aided by the benign Fed minutes...
We all know that trading options is exciting, highly competitive, and can be very profitable. The key to long term and consistent profits in option trading is options education. The McMillan...
By Lawrence G. McMillanThe broad stock market, as measured by the Standard & Poors 500 Index ($SPX) made new all-time intraday and closing highs on consecutive days this week. That, coupled...
By Lawrence G. McMillanThis issue was published one day early, on Wednesday, March 26th. This is because of the AAPTA Conference in Austin (see page 10), to which I will be traveling on Thursday,...
By Lawrence G. McMillanThe Standard & Poors 500 Index ($SPX) has been bouncing around within a trading range for nearly a month now. There is resistance at 1880+ (the all-time highs) and there...
By Lawrence G. McMillanTwo weeks ago, as the market turned downward, a strong sell signal was generated by the “modified Bollinger Band” system. Last week, when there was a strong...
By Lawrence G. McMillanWe continue to get questions regarding why the $VIX futures are priced as they are, and how one should interpret that information. This is a subject that we have...
By Lawrence G. McMillanThe market action in the last 10 days has been a complete whipsaw. Now, the chart of the Standard & Poors 500 Index ($SPX) shows the index to be in a trading range --...
By Lawrence G. McMillanThere will be a very slight alteration of our publishing schedule. The second issue in March will be published one day early, on Wednesday, March 26th. This is...
By Lawrence G. McMillanWhen one is using technical systems for trading, it seems logical to expect that when two or more systems are giving similar signals, the result should be better than when a...